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Calgary · Single Family · under $625,000 · 3+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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3423 1 Street NE
Nestled on a charming corner lot in the tranquil and mature neighborhood of Highland Park, this delightful **4-bedroom, 2-bathroom** residence is bursting with potential and personality! With a separate entrance perfect for a basement suite (illegal), this home invites creativity and endless possibilities Step inside to discover the warmth of **original hardwood floors** that flow through a spacious living room, perfect for cozy gatherings or entertaining friends. The main level boasts two generously-sized bedrooms and a bright, airy four-piece bathroom. The kitchen is a chef’s delight, featuring abundant cabinetry, counter space, and a **gas stove**—ideal for whipping up culinary masterpieces! Venture downstairs to find two more expansive bedrooms, a convenient three-piece bathroom, and a second kitchen complete with a dining area—perfect for hosting family dinners or late-night snacks. Plus, the shared laundry room makes chores a breeze for both levels. Embrace the sunny days of summer in your **west-facing fully fenced backyard**! Enjoy sunny relaxations on the deck, cultivate your green thumb in the garden, or create a fun play area for kids. This outdoor space is your personal retreat! Convenience is at your doorstep with quick access to downtown, Deerfoot Trail, and public transit. Stroll to nearby schools, shops, playgrounds, and the popular **Citizen Brewing Company** for a local brew. Don’t miss this incredible opportunity! Schedule your viewing today and step into a home where comfort meets potential. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.25 Ft x 14.83 Ft | |
| Bedroom | 11.83 Ft x 15.25 Ft | |
| Kitchen | 9.08 Ft x 13.08 Ft | |
| Laundry room | 10.58 Ft x 11.42 Ft | |
| 3pc Bathroom | 5.83 Ft x 6.67 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 10.08 Ft x 12.25 Ft | |
| Bedroom | 11.08 Ft x 12.00 Ft | |
| Living room | 14.08 Ft x 15.67 Ft | |
| Other | 10.83 Ft x 13.08 Ft | |
| 4pc Bathroom | 4.75 Ft x 8.58 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-1.21%
Cap rate
4.62%
GRM
13.9
Break-even rent
$3,572
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 19, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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